Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 5.16 to 3.31 3.67 (19.46%) . .
Intermediate 4.88 to 3.31 3.67 (22.93%) . .
Short 4.18 to 3.29 . 3.67 (42.70%) .